Public Auction Yards Livestock Cattle Auction
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Archived Report
Market Notes
Compared to last week: Feeder cattle were too lightly tested both this week and last to develop an accurate market trend, however steers and heifers sold with steady to higher undertones. Quality this week was mostly average and slightly better than last week. Demand was mostly moderate for light offerings. More buyers were on hand this sale compared to last week. CME feeder cattle positions sold off today on news of higher feed cost. All contracts traded with triple digit losses. The USDA prospective plantings report showed corn planting intentions just slightly higher than last year. Corn traded up the limit today to close at 564'2 on the May contract. Market activity was mostly moderate. Weigh up cows sold on mostly good to very good demand again this week. Packers were very aggressive in bidding on slaughter cows for immediate harvest. Feeding buyers were also active in buying cows this week, which pushed all cow prices higher. Slaughter cows sold mostly 3.00-4.00 higher. Feeding cows sold mostly 2.00-4.00 higher. Cow weigh conditions were average to below average this sale, and overall weigh up conditions were poorer than last week. Slaughter bulls sold mostly 3.00-5.00 higher. Young age cows suitable to feed or rebreed sold sharply higher, with most sales 10.00-12.00 higher than last week. Demand increased for both cows to feed and rebreed quality cows. Quality was mostly average to attractive.
Supply included: 26% Feeder Cattle (37% Steers, 53% Heifers, 11% Bulls); 48% Slaughter Cattle (82% Cows, 18% Bulls); 26% Replacement Cattle (100% Stock Cows). Feeder cattle supply over 600 lbs was 44%. AUCTION This Week Last Reported 3/24/2021 Last Year Total Receipts: 835 823 789 Feeder Cattle: 217(26.0%) 446(54.2%) 318(40.3%) Slaughter Cattle: 402(48.1%) 254(30.9%) 118(15.0%) Replacement Cattle: 216(25.9%) 123(14.9%) 353(44.7%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
192 |
192 |
0.0000 |
$864
|
500-600 |
174 |
177 |
178 |
$975
|
600-700 |
160 |
160 |
178 |
$1,040
|
700-800 |
136 |
136 |
178 |
$1,020
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
|
|
|
$--
|
500-600 |
150 |
157 |
165 |
$864
|
600-700 |
137 |
144 |
148 |
$933
|
700-800 |
127.5 |
131 |
148 |
$983
|
*Approx is the middle weight of the weight group multiplied by the mid point of the high and low for the group. It's meant as a quick method to see what cattle of that weight class are bringing per head.
Cows & Bulls
Type |
Min |
Avg |
Max |
Slaughter Bulls |
$85 |
$89 |
$93 |
Total Run